Rental yield

Hmm, not sure if I can give much to this, the only property I have that has given any meaningful rent is SPV10, over the last 3 months of full rental I've received £17 (total) on £1000 invested, that's just under 7% per year. That's not making any allowance for the period between investment and full rent income or any period in the future where the property may become vacant - so its a "best" figure.
The make or break bit will be at the end of the 2 or 3 year period when the property is sold

Hi all

Webwiz - what very good timing. Yesterday I spent a long time looking at the performance of each of our investments to since SPV1. I included 25 properties and discounted the latest ones we've completed. 

The total amount raised on those SPVs was £2,110,000 with a total property acquisition cost of £1,879,250. From the RICS valuations and our weekly re-valuations using all the housing data, the current value of the portfolio is £2,352,738. 

This gives a current projected capital growth rate of the portfolio of 11.28% - although it is right to say that this is only relevant once we sell the properties.

In terms of rentals, Webwiz is correct that our system looks at yields across your whole portfolio - even those that are not in the first month of rental. Sometimes this will result in a lower yield being achieved but we'd rather show you a lower number and surprise with a higher! 

Across the 25 properties I sampled, the current gross rental yield achieved is 6.13% with a net yield paid to date (including all costs, maintenance and expenses) of 4.18%.

Our best performing properties to date are our mixed commercial properties where we have seen projected capital growth of 17.51% and a net yield of 6.21% (total - 23.72%). 

Standard residential properties have seen 8.63% projected capital growth and a net yield of 4.97% (total - 13.6%). There has been a much bigger sample size in the standard residentials and as we look to move towards higher value properties, we expect projected yields on the site to reduce but achieved net yields to be higher due to reduced maintenance and other costs.

Our HMOs have, unfortunately, been few in number and seen some under-occupancy which has thrown off the yields on those to just over 4% net. However, once they are fully occupied, this will significantly increase. 

I hope  you find this information useful. For those that haven't seen the email, Stuart will be hosting a webinar tomorrow evening to discuss the new Telford property as we feel it is a good buy and a move towards higher end/lower maintenance stock. Here's a link to sign up:

attendee.gotowebinar.com/register/5298003745205169666

Kind regards

Andrew

I will ask Stuart to record it and if you send the team an email asking to receive a copy (I can't see your email here), we can provide you with one. Best email is support@ 

I had a very prompt reply from Jessica, saying it'd be no problem, and I'd hear more soon... But not yet...?

if its coming that fine 

Any news on the recording of the webinar?

Yep, MP3 received, ta. I shall listen later.